With many individuals struggling financially, some will try and get by with advances on credit cards or payday loans. Payday loans are typically used by borrowers in an effort to help cash flow in the short term. Typically payday loans...
Chapter 7
In a Chapter 7 Bankruptcy, How Can I Redeem My Car?
When a Chapter 7 Bankruptcy is filed and you have a car loan, you are required to file a Notice of Intention to indicate what your intention is relating to that car loan. Generally, there are three options. You can reaffirm the debt, which is basically...
In Chapter 7 Should I Reaffirm a Car Loan?
When a Chapter 7 Bankruptcy is filed, you must list all creditors including secured debts such as car loans. Under the current rules, when you file the bankruptcy you must indicate your intent relating to the vehicle. The options include keeping the...
Chapter 7 bankruptcy in New Jersey similar to that of teen star
Aaron Carter was only 15 years old when he began to gain fame in the early 2000s. He was known for his pop music and dating of starlets such as Hillary Duff. Now, however, he says that he has little to show for that work and has sought a Chapter 7 bankruptcy in his...
Chapter 7 bankruptcy can be an issue in election
Each fall, the election season comes for people in New Jersey and elsewhere across the country. As political candidates attempt to gain office, they often must endure media scrutiny of their personal finances. This can lead to discovery of financial difficulties,...
New Jersey builders may have benefitted from a Chapter 7
Builders of new homes were among the most damaged by the recent economic recession. Those with loans that were intended to finance the construction process found that they were unable to continue to make payments when the homes tat they built didn't sell. This led...
Chapter 7 bankruptcy allows for debt discharge in New Jersey
Toni Braxton may be a name that is familiar to music fans in New Jersey. The singer gained fame singing ballads in recent decades, even earning an estimated $754,000 recently for performances in another country. Now, she is in the news as her Chapter 7 bankruptcy case...
Chapter 7 bankruptcy sought by Internet billionaire
Readers in New Jersey may be familiar with the name of Internet entrepreneur, Halsey Minor. Minor gained fame when he sold CNET Networks, Inc to CBS Corp for some $1.8 billion in 2008. Now he is in the news for his filing of a Chapter 7 bankruptcy petition in his home...
New Jersey Chapter 7 bankruptcy can offer financial relief
Readers in New Jersey may be interested to hear about the recent bankruptcy of a mayor of a small city in another state. It typifies the problems of many individuals and families across the country. The mayor filed for Chapter 7 bankruptcy after suffering economic...
New Jersey Chapter 7 bankruptcy requires disclosure of income
In 2011, people in New Jersey and across the nation were riveted by the criminal trial of Casey Anthony. Each night, television news regaled viewers with details about the murder of the woman's young daughter. Anthony faced charges that include lying to police and the...

